Nigeria - Transport Sector and Economic Governance Reform Program


Project Summary

Approval Date 27 Feb 2013
Signature Date 27 May 2013
Planned Completion Date 31 Dec 2015
Last Disbursement Planned Date 31 Dec 2015
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 43010
Commitment U.A 216,487,703.5
Status Completion

Project General Description

The Transport Sector and Economic Governance Reform Program (TSEGRP) is designed to assist the Government of Nigeria (GoN) to implement its Transformation Agenda and reform priorities in the areas of Public Financial Management (PFM) reform and road transport sector. It should facilitate better management and financing of the road sector, for both investment and maintenance. The PFM reforms should ensure better overall planning, transparency and accountability of public funds that also serves the infrastructure sector and complement sector reforms. The proposed operation should provide support to the 2013–2014 budgets’ objective of maintaining fiscal stability and continuing emphasis on prioritizing investment in infrastructure development. It should also complement the on-going Government work and expand the practical implementation of the Government Integrated Financial Management Information System (GIFMIS), and the Treasury Single Account (TSA) in all Ministries, Departments and Agencies (MDAs). The expected outcomes of the program are (i) improved fiscal discipline and efficiency/effectiveness of public expenditures; and (ii) improved transport network and maintenance. The program has two components, namely: (i) strengthening public expenditure management; and (ii) improving transport sector governance to enhance accessibility and sustainability of public investment in road infrastructure.

Project Objectives

The program’s overarching development objective is to promote inclusive economic growth through strengthening road transport sector governance and greater transparency and accountability of public financial management. The operational policy objective is to improve transparency and accountability in managing public resources, and increase public spending in road infrastructure development essential for inclusive growth.

Beneficiaries

The direct beneficiaries of the programme are Nigeria’s key public institutions of PFM responsible for fiduciary control, and ministries responsible for the delivery of the road transport infrastructure development. The indirect beneficiaries are the population of Nigeria in general, who should benefit from better public financial management and improved fiscal space for infrastructure.

Participating Organization

Funding
African Development Bank
Implementing
GOVERNMENT OF NIGERIA

Information

IATI identifier 46002-P-NG-K00-005
Last Update 31 Oct 2019

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Contact Details

Name LUMBILA Kevin Numbi
Email k.lumbila@afdb.org

Geographic Location

Country Nigeria